US PCE Price Index is going out
US PCE Price Index will be out on Friday at 15:30 MT.
Forex News
Key information updates for profitable trading
Microsoft rocketed, markets calmed down
Microsoft joined Apple in the $2 trillion dollar club! Follow PMI reports from the US, UK, and EU throughout the day!
BOE meeting will influence the GBP
The Bank of England will release its statement and announce its monetary policy decision on June 24 at 14:00 MT.
Bitcoin is on sale, oil is on the way to $75
The Bitcoin “death cross” has occurred. The S&P 500 rallied the most in five weeks! Crude oil and gold jumped as the US dollar weakened.
BofA: oil may reach $100 a barrel next year
Optimistic forecasts on oil prices, nuclear talks with Iran, and upcoming OPEC+ meeting. How to trade oil these days?
Top UK stocks to trade in June
Good news for FBS Traders! Top UK stocks have been just added to our platforms: MetaTrader 5 and FBS Trader App.
PMI reports on Wednesday will influence EUR, GBP, and USD
Wednesday will please traders as many economic indicators will be out! The USA, UK, and Euro Area will release PMI reports on June 23 from 10:15 to 16:45 MT.
Trade ideas for June 21-26
Last week the USD soared versus other major currencies, while gold headed for the biggest weekly loss in 15 months. Let’s see what new moves await us this week!
US dollar rallies up after Fed
The US dollar has surged to levels unseen since April after the Fed's decision back on Wednesday. Gold has reversed up from the local dips. Still, this week was the worst for gold in more than a year.
An opportunity to trade GBP on the news
Great Britain will release retail sales for May on June 18, at 09:00 MT time. One cannot underestimate the importance of this indicator.
USD surged after Fed’s hawkish surprise
The Fed made a hawkish surprise! The bank would start a discussion about scaling back bond purchases. Besides, it is likely to make two interest-rate increases by the end of 2023 (sooner than expected)!
The Fed’s meeting will drive the USD
The Federal Reserve will release its statement and announce its interest rate decision at 21:00 MT time. Then, at 21:30 MT time, the central bank will hold a press conference.
